Security Analysis and Portfolio Management Essay - 2

Security Analysis and Portfolio Management - Essay Example Based on the same concept, the following paper aims at establishing the value of stocks from capitalized companies, Exxon and Berkshire, in a given portfolio. The analysis of the two stocks in this paper is achieved through a methodology section, results, and a concluding remark. In order to accomplish the main objective of this paper, two firms with capitalized stocks were selected: Exxon and Berkshire. The stocks of Exxon and Berkshire were the main data to be used in analysis and discussions. 10-years (from 2003 to 2013) of monthly stock price history for both Exxon and Berkshire were obtained from Yahoo Finance. Time series of monthly returns were then obtained from the time series of the monthly stock prices. On the basis of the time series of monthly returns, annualized mean return, standard deviation and correlation of the stocks were calculated. In addition, the analysis also calculated the weights on the minimum variance portfolio that consisted of the stocks from Exxon and Berkshire. Data and results were presented using tables and graphs. The data and results were used in carrying out the analysis and drawing up the conclusion. The 10-years of monthly stock price history for both Exxon and Berkshire obtained from Yahoo Finance are included in Excel file attached. From the monthly stock prices, the monthly returns were established. The results of the monthly returns established from the monthly stock prices are illustrated in Figs. 1 and 2 through the use of a time series graph. In addition to obtaining the returns and illustrating them in the above graphs, the calculated annualized mean return, standard deviation, and correlation of the stocks are illustrated in the following tables. From the above table, the E(R) monthly for Exxon Mobil Corporation is larger than the E(R) monthly for Berkshire Hathaway Incorporation, that is, 1.11% against 0.79%. However, on the

Esse Quam Videri Essay Example | Topics and Well Written Essays - 500 words

Esse Quam Videri - Essay Example The political aspect of seeming rather than being is perhaps at the heart of the issue facing people today. There is a distinct connection between listening to candidates spout platitudes and seeming as if they care about helping people and those who wear T-shirts with pithy political slogans, but do not help the world. A walk around any college campus will reveal that political action in most cases means attacking the surface quality; it is easier to seem as though you are political involved than to be politically involved. Helping people is not political, however; it is a necessity for making the world a better place. I arrived at the decision to quit seeming as though I cared about the surface politics of helping people and actually become someone who helped. Too many people in this country feel they have done enough to help the environment by signing petitions calling for cleaner air standards or opposing drilling in the Alaskan wilderness. Those are great things, to be sure, but to do so is merely to seem as if you care about the environment unless you back it up with action. If you want to really be someone who cares about the environment then you need to make changes in your lifestyle.